It may turn out to be the most important bank you’ve never heard of. Amagerbanken was taken over by the Danish government today. As with the Irish banks, Amagerbanken suffered huge losses on loans to property developers and investors in commercial real estate. But the rescue comes under new regulations […]
Environment
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Paul J. Balles comments on the USA’s ambivalent line on the people’s revolution in Egypt. He argues that although the administration has a growing fear that a government hostile to Washington could gain control of Egypt, “the unspoken fear is that American arms manufacturers will lose a reliable customer”. “The […]
Iceland’s special prosecutor into the banking crisis has confirmed that raids have taken place today and that arrests have been made. The Central Bank of Iceland is among the institutions under investigation. Read the rest here
Students at the University of Glasgow, Scotland began an occupation of the postgraduate club, the Hetherington Research Club building in University Gardens on Tuesday 1st February 2011. [youtube]XOyHyAKru5o[/youtube] The sit-in is to protest against cuts and against the university bosses’ plans to sell off the building which they closed a […]
[ Can’t afford unprocessed food at the supermarket ? Well … watch & learn ] [youtube]BO290e_GoUc[/youtube]
Salma Eltarzi an Egyptian woman explains who the Mubarak supporters really are. She then goes on to describe what’s happening to them. https://www.youtube.com/watch?v=67oSuHd4C6c She also exposes the BBC muslim brotherhood lies. “There are a lot woman and children in the square..” “They’re shooting at our legs and feet..” “The people […]
https://www.youtube.com/watch?v=aTsfsW3_J04 CNN is pushing the American spin that the freedom marchers and Mubarak’s plainclothes thugs are really morally equivalent and represent a fifty-fifty split in Egypt regarding Mubarak … [ h / t : WhatReallyHappened.com ]
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